BeyondTrust

Security In Context

Bringing you news and commentary on solutions and strategies for protecting your critical IT infrastructure.

Some Identities Are Worth More Than Others

Post by Peter McCalister September 23, 2011

We may be all created equal, but some identities are worth more than others. I’m not just talking about Mark Zuckerberg or Bill Gates being worth more than the average Mark or Bill working across the hall from you. It turns out that identity thieves target patient health information more than standard social security identities for good reason.

Yep, your medical identity is worth 50 times that of your social security number.

According to a recent AHIMA article titled Mitigating Medical Identity Theft, “Medical identity theft is a lucrative form of identity theft. A stolen Social Security number has an estimated street value of $1 per identity; the price of stolen medical identity information averages a much higher street value, at an average of $50 per identity.” The article goes on to say ”
The primary victim of medical identity theft is usually an individual—a patient, potential patient, health plan member, or healthcare consumer. Individuals who are particularly vulnerable include those with developmental or intellectual disabilities, minors, newborns, the elderly, and persons whose information may be included on public registries (e.g., cancer registry). Thieves often target the recently deceased.
Secondary victims include, but are not limited to, parties who generate, manage, use, or transfer individually identifiable health information. Examples include healthcare providers, health plans, and society as a whole.”

Rick Kam over at ID Experts also reported on this in his blog and made a number of suggestion on how to protect yourself that all center around implementing a least privilege solution and protecting your vital information assets from insider threats as well as those outsiders like Identy Thief Irene who will hijack insider privileges inorder to steal other identities.

Leave a Reply

Additional articles

BI-Qualys-Connector-IMG1

Getting More Value from QualysGuard Vulnerability Data with BeyondInsight v5.1

If your vulnerability assessment scans can’t produce meaningful and actionable reports, performing a scan does no good for anyone. If you’ve read my other blog posts, you know I have no qualms about stating that BeyondTrust provides the best vulnerability reporting in the industry. Ask your favorite analyst and they’ll tend to agree. Of course,…

Post by Morey Haber April 18, 2014
Tags:
, , , , , , , ,
insider-threat-fed

Mitigating Inside Threats to U.S. Federal IT Environments

Recent high-profile cases have increased the perceived risks that go along with disclosure and usage of confidential information. One of the most difficult security threats to mitigate is an attack from the inside. When an over-privileged user, such as an unhappy current or former employee, contractor, or consultant, begins navigating your network, how will you…

Post by BeyondTrust Software April 17, 2014
Tags:
, , , , ,

Are you a Target? Investigating Security Breaches with Kevin Johnson

Last week, over 1,000 IT security professionals watched as Kevin Johnson, CEO of Secure Ideas, presented his expert opinion on lessons learned from recent, high-profile retail breaches. Here’s a summary of key takeaways from the webcast plus an on-demand recording of the full, 60-minute presentation. Understanding the “why” behind attacks According to Kevin, the primary…

Post by Chris Burd April 17, 2014
Tags:
, , , , ,